United Kingdom Markit Construction PMI came in at 43.1 worst than analyst’s expectations of 49.2 for June, a decline that...
GBPUSD
In this section, you will find important GBPUSD news, actionable trading ideas, and a live GBPUSD chart to help you understand the markets better.
GBPUSD is also known as Cable amongst Forex traders is the ticker symbol in FX markets that represents how many US dollars you can buy with one British Pound. The price of the pair is affected by changes in both economies and could be affected by changes in monetary policy from the Bank of England and or the US central bank, the Federal Reserve (FED).
Related currencies: GBPCAD – GBPCHF – GBPINR – GBPJPY – GBPUSD.
GBPUSD is one of the major currency pairs and offers high liquidity in the markets and low spreads. Since the 2016 Brexit referendum, the pair has entered a high volatility era as investors try to evaluate what the price of GBP will be after the official divorce from the EU.
Live GBPUSD Chart
GBPUSD is trading 0.10 percent lower at 1.2580 after the US initial jobless claims for the week of June 29th...
GBPUSD is trading 0.56 percent lower at 1.2500 after the US economy produced 224,000 new jobs and thereby beat expectations...
GBPUSD is trading 0.03 percent higher at 1.2530 as USD is under selling pressure after hitting two weeks high last...
GBPUSD just slid to a new monthly low, and also traded below the December 2019 low of 1.2479, and the...
Pound is under heavy selling pressure today after a Bloomberg survey shows that the UK economy is forecast to have...
Pound traders await the UK monthly GDP, trade balance, industrial and manufacturing production data, which will be released at 8:30...
The UK Gross Domestic Product, month over month, came in at 0.3% in line with forecasts for May. The Industrial...
In its Financial Stability Report (FSR), the Bank of England warns of the risks of a no-deal Brexit and global...
GBPUSD lost momentum after the US Core CPI which came in at 0.3% m/m, and headline CPI m/m came in...